Regulatory Alerts2025-04-07
Added · Updated
Provision of Staking Services for Virtual Assets from Custodial Services
The Hong Kong Monetary Authority issued this circular on April 7, 2025, to clarify the regulatory distinction between staking services and custodial services for virtual assets. The document directs all Authorized Institutions to refer to the February 2024 circular regarding the provision of custodial services for digital assets. This guidance ensures consistent consumer protection standards within the banking sector's fintech and virtual asset operations.
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